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Foundations: The story behind the data

Troy-based The Kresge Foundation tops the list of largest foundations in Southeast Michigan with $3,649.2 billion in 2016 assets. William Davidson Foundation, Birmingham, is second with $1,189.1 billion and Ralph C. Wilson Foundation, Grosse Pointe Farms, is No. 3 with $1,136.7 billion in 2016 assets.